Analysis-Hormuz closure divides the fortunes of Middle Eastern oil states
April 6, 2026
(Investing) – LONDON – The Strait of Hormuz’s closure and the resulting surge in global oil prices have handed financial windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative shipment routes have lost billions of dollars, a Reuters analysis found. Iran effectively shut the Strait – a route for about a fifth of global oil and LNG
